Travel services in Libya
Libya: Travel services was 26.7% in 2023. ▲ Rising
Travel services in Libya, 1977–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
Libya recorded 26.7% for travel services in 2023.
That represents a change of down 0.8% on the previous year and down 6.9% over ten years.
Over the whole period, travel services in Libya peaked at 51.7% in 2011 and was at its lowest, 8.7%, in 1996.
Libya ranks 58th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 47 years of available data.
Travel services in Libya, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1977 | 20.8% | — |
| 1978 | 18.1% | -13.1% |
| 1979 | 19.2% | +5.9% |
| 1980 | 20.4% | +6.2% |
| 1981 | 13.0% | -36.4% |
| 1982 | 12.9% | -0.5% |
| 1983 | 26.3% | +103.5% |
| 1984 | 22.8% | -13.1% |
| 1985 | 23.0% | +0.8% |
| 1986 | 14.3% | -38.1% |
| 1987 | 22.4% | +57.1% |
| 1988 | 33.7% | +50.6% |
| 1989 | 34.6% | +2.5% |
| 1990 | 30.6% | -11.5% |
| 1991 | 51.0% | +66.6% |
| 1992 | 15.2% | -70.2% |
| 1993 | 12.5% | -17.7% |
| 1994 | 16.1% | +29.3% |
| 1995 | 13.3% | -17.8% |
| 1996 | 8.7% | -34.6% |
| 1997 | 36.0% | +314.4% |
| 1998 | 38.2% | +6.2% |
| 1999 | 40.6% | +6.3% |
| 2000 | 44.4% | +9.1% |
| 2001 | 43.0% | -3.0% |
| 2002 | 38.0% | -11.8% |
| 2003 | 34.9% | -8.1% |
| 2004 | 31.5% | -9.7% |
| 2005 | 28.9% | -8.1% |
| 2006 | 26.1% | -10.0% |
| 2007 | 33.9% | +30.1% |
| 2008 | 29.4% | -13.3% |
| 2009 | 31.3% | +6.6% |
| 2010 | 33.4% | +6.6% |
| 2011 | 51.7% | +54.8% |
| 2012 | 36.5% | -29.4% |
| 2013 | 28.6% | -21.7% |
| 2014 | 15.3% | -46.5% |
| 2015 | 20.8% | +35.5% |
| 2016 | 24.8% | +19.3% |
| 2017 | 44.0% | +77.6% |
| 2018 | 40.3% | -8.3% |
| 2019 | 36.9% | -8.4% |
| 2020 | 16.1% | -56.4% |
| 2021 | 30.6% | +89.8% |
| 2022 | 26.9% | -12.1% |
| 2023 | 26.7% | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.4% | 18.1% | 20.8% | 3 |
| 1980s | 22.3% | 12.9% | 34.6% | 10 |
| 1990s | 26.2% | 8.7% | 51.0% | 10 |
| 2000s | 34.1% | 26.1% | 44.4% | 10 |
| 2010s | 33.2% | 15.3% | 51.7% | 10 |
| 2020s | 25.1% | 16.1% | 30.6% | 4 |
Countries ranked near Libya
More economy & growth data for Libya
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate -0.7941 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.1427 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 920.37 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 8.91 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.7571 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 4,883 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 8.56 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1653 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is travel services in Libya?
- Travel services in Libya was 26.7% in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Libya?
- The highest recorded value was 51.7% in 2011.
- What is the lowest travel services recorded in Libya?
- The lowest recorded value was 8.7% in 1996.
- How does Libya rank for travel services?
- Libya ranks 58th out of 198 countries with data for 2023.
- Is travel services rising or falling in Libya?
- Over the last ten years it is down 6.9%. The long-run trend across the full record is rising.
- Where does this Libya data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Travel services (% of service imports, BoP). Statizoid updates them automatically from the source API.
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About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service imports which are services provided by non-residents to residents.